Grindr Inc. reported third-quarter revenue of $141 million, a 22% increase year over year, driven by growth in app-based subscriptions and advertising. Adjusted EBITDA rose 13% to $62 million with a 44% margin, though GAAP net loss was $7 million due to a $33 million litigation settlement charge. The company raised its full-year 2026 guidance, now expecting revenue of at least $560 million and Adjusted EBITDA of at least $236 million. Additionally, Grindr provided an initial 2027 outlook targeting revenue of at least $705 million and Adjusted EBITDA of at least $275 million. The filing also notes the recent acquisition of PurposeMed Inc., parent company of Freddie, a telehealth provider for PrEP. Grindr operates a social networking platform primarily serving gay men.
